Target
3 African countries in focus
3000 Jobs created
20 Projects funded
20.000 Impacted households
20 – 25% Average IRR
Mission
- Combine financial performance with economic and social performance
- Rely on the valorization of local resources around each operating site
- Create jobs and local wealth
Direct beneficiaries of investments are local promotors and contractors; but the funding also affects households, national SMEs, cooperatives, institutions, and other facilities benefiting from the projects implemented, whether it is through a better valorization of their production or by an improved access to better services or products.
ECODEV wishes to gather a network of partners willing to invest in projects with positive local impacts : institutions, banks, private companies.
Performance
NECODEV’s investment reference framework is defined according to the best international environmental and social practices: United Nations Sustainable Development Goals, IFC Guidelines on Environmental and Social Issues, ILO Standards, Regulatory National Framework.
Monitoring and impact assessment are based on a theory of change. For each project, a results framework and a theory of change are defined.